He proposed the Fugitive Slave Act in 1850, which was to send back runaway slaves from which who escaped from the southern states to the north. As this was a add onto the older laws this law punished officials who did not capture runaway slaves and bring them back to the southern states. In 1855 was found unconstitutional and was Nullified
Price changes send contrasting messages to consumers and producers about whether to enter or leave a market. Rising prices give a signal to consumers to reduce demand or withdraw from a market completely, and they give a signal to potential producers to enter a market.
